Question: A.) What is the present value on January 1, 2016, of $40,000 to be received on January 1, 2019, and discounted 8% compounded annually? B.)What
A.) What is the present value on January 1, 2016, of $40,000 to be received on January 1, 2019, and discounted 8% compounded annually?
B.)What is the present value on January 1, 2016, of 7 equal future annual receipts of $30,000 if the first receipt is received on January 1, 2017, and the interest rate is 10% compounded annually?
C.)What is the present value on January 1, 2016, of $10,000 to be received on January 1, 2020, and discounted at 6% compounded quarterly?
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